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Mixed-Use Property With Garage Space
For Sale
$449,777

380 Madison Avenue, Albany, NY 12210

Commercial Sale, Albany, NY

Property Size8,906 SF
Lot Size0.21 Acres
Price / SF$50.50
Days on Market119

Property Features for 380 Madison Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning Mixed
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Bathroom 3, Bathroom 1
Parking 12
Parking features Off Street
Interior features High Speed Internet
Lot features Level
High school Albany
Elementary school district Albany
Middle school district Albany
High school district Albany
Directions Delaware Ave / Lark Street to Madison Ave street # 380 (on right) OR Delaware to Jefferson to street # 183/7 (on left) **Two parcels are being sold, 187 Jefferson, 010100 76.31-3-27 and 380 Madison Avenue )10100 76.31-3-20**
Standard status Active
APN 010100 76.31-3-27
Size 8,906 SF
Lot size 0.21 Acres

Taxes and HOA fees

Tax Annual Amount 8000

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Water source Public

Building Details

Year built 1890
Floors in Building 2
Flooring type Wood, Concrete
Building materials Frame, Block, Brick
Roof type Rubber
Additional Structures Outbuilding
Listing Agency: Re Max Capital · RE/MAX International
Listed By: Douglas S Schenk · License #30SC0782781
Added: Jun 5 Changed: Sep 22 Last Checked: Oct 1 at 3:06PM
MLS# 202618946

Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 8,906-square-foot mixed-use property combines an auto repair shop with three apartment units requiring renovation. The improvements include garage capacity for 4–6 cars and off-street parking for 5–6 vehicles. Built in 1890, the property uses frame, block, and brick construction with wood and concrete flooring, forced-air natural gas heat, a rubber roof, public water, and public sewer.

The offering includes two parcels at 380 Madison Avenue and 187 Jefferson Street, with the property extending between Madison Avenue and Jefferson Street. Mixed zoning is identified for the site. Existing interior features include high-speed internet and three bathrooms. The combination of commercial shop space, residential units, garage areas, and dual-street access creates a varied property configuration within Albany.

Key Highlights

  • 8,906‑square‑foot mixed‑use property with an auto repair shop and 3 apartments
  • Two parcels spanning between Madison Avenue and Jefferson Street
  • Garage capacity for 4–6 cars

Property Analytics

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Current Use

Auto shops

Suggested Use

Top Pick Carpet & Flooring Store Home Appliance Store Furniture & Home Goods (Bike/Boat/Book/etc) Store Pet Grooming Service Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

4,281
Businesses Nearby

Demographics for 12210, NY

10,559
Population
6,580
Households
1.6
Avg Household Size
33
Median Age
44%
College-Educated
91%
High-School Grad
1.1 sq mi
ZIP Area
9,599
Density / Sq Mi
$55,873
Median Household Income
$35,439
Median Earnings
$1,110
Median Rent
$217,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Includes three apartments, an auto repair operation, and off-street parking across two parcels.
Where is this mixed-use property located?
The property is located at 380 Madison Avenue Albany, NY.
What is the asking price?
The asking price for this property is $449,777.
What are key features of this property?
This property features: 8,906‑square‑foot mixed‑use property with an auto repair shop and 3 apartments; Two parcels spanning between Madison Avenue and Jefferson Street; Garage capacity for 4–6 cars
More about this property
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